Purchase price: $125,000 Cash invested: $103,000 Sale price: $425,000 Ah, the story of 5035 Center Rd, Linden, MI 48451, radiates promise, dedication, and the transformative power of vision.Nestled on 5 acres of land, this single-family home with a pole barn held untapped potential.

Purchase price: $125,000 Cash invested: $103,000 Sale price: $425,000 Ah, the story of 5035 Center Rd, Linden, MI 48451, radiates promise, dedication, and the transformative power of vision.Nestled on 5 acres of land, this single-family home with a pole barn held untapped potential.

I already tried contacting a permitting attorneys but thought someone would know better.Side note for the goodies, local ordinance is not a federal law and is not subject to jail time as far as I know.So I'm designing the two ADUs with that in mind and putting them on their own power, water and sewer in case I 1033 in the future.

I will do everything in my power as a journalist and woman that believes in Justice to ensure Curbio is exposed for the circus clowns they are.

So rather than just getting a 'gift' one day, he will also have worked the industry and gotten his hands dirty....Passing on RE is such a powerful thing to do IMHO.

I love that episode of Seinfeld with Kramer and his quest to find the most power shower head.

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

I know it's not connected to the BP Rehab tool anymore, which is unfortunate, but the AI it was powered by is called "Kukun".You can still make free estimates there similar to the BP tool, but it limits you to I believe less than 10 "rooms" per project.

I finally start my full time job, report 60k a year, which is not very high considering where I live and my home purchasing power.

This is a situation where the cash buyer with no contingencies is going to have way more power.